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Politics : Formerly About Advanced Micro Devices

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To: RetiredNow who wrote (212868)12/7/2004 3:53:30 PM
From: Road Walker  Read Replies (1) of 1572778
 
Sigh...

re: Privatization is the only fix that will work long term.

Privatization is an added expense, $1Trillion to $2Trillion.

re: The main thing privatization means is tagging SS contributions to your SS #. Why don't you believe this is necessary?

They are already "tagged". Call SS, give them your SS #, and ask for your statement.

re: If the current generation of workers is paying for the current retirees, how can you think the system isn't broken?

First, they are not. SS is still running a surplus, as it has for years. It's not 'till 2050 something that we start to see a deficit.

Why do you think that makes it broken? Retirees are paying for peoples kid's education with their property taxes, is the property tax system broken?

It's a social compact, it keeps all our seniors fed and sheltered. It's there for everyone... even Bill Gates when he hits retirement age.

John
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